Procurement professionals need to protect their businesses from the growing legal risk of third party corruption. They need to deliver "high levels of professional skill, knowledge and integrity," said David Noble, group CEO of CIPS.
Shippers and brand owners have joined forces to sign a declaration aimed at preventing the transport of counterfeit goods. The declaration acknowledges the "destructive impact" of counterfeits on international trade and calls on the maritime industry to address it through zero tolerance, strict supply chain controls and other due diligence checks
Laws and regulations to eliminate human-rights violations in global supply chains are multiplying. But companies shouldn't consider their current lack of "teeth" as a license to ignore them.
Companies are increasingly realizing the environmental and economic benefits of effective waste management - fewer methane emissions from landfills, reduced waste hauling costs and new revenue streams from reuse and recycling among them. Several new tools aim to help companies and other organizations achieve these goals and receive recognition for their work.
Carbon dioxide emissions from the world's fleet of coal and gas plants can be reduced by 10 percent using existing hardware and software upgrades, according to a recently released General Electric report.
Leaders from global shipping firms, freight forwarders, brand owners whose products are counterfeited and organizations representing both industries recently signed a joint Declaration of Intent to Prevent the Maritime Transport of Counterfeit Goods in Brussels.
Meeting mandates to protect the pharmaceutical supply chain from counterfeit drugs is no easy task, but Johnson & Johnson Supply Chain has found a way to do so well before U.S. legislation kicks in and while reining in costs.
A group of prominent religious leaders recently urged Australia to introduce laws to ensure forced labor is not used to produce goods sold in the country, saying ending slavery needed to be a national priority.
